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Oct 28, 2013
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so cheap and accessible and taxed in the united states and privatized. we have a problem. >> so we get to a place where there is pending? this particular disease as well as others. >> absolutely. >> guest: >> host: you touched on this before but if there is anything you want to talk about the similarities with tobacco policies and with similar strategies can be mirrored related to the rescue drinking behavior. >> guest: one of the things that has come out recently is an appreciation in the past five years of some of the 50 diseases and cancers related to alcohol we haven't had a public dialogue about that. we don't appreciate at all that there are some downsides to drinking. we have typically sought the drinking and driving and other than what you don't appreciate the throat cancer, colorectal cancels the are related, we don't appreciate that people die 20 years younger than they do smoking. that is a huge one and women die faster than men from drinking so we are not having a public of conversation the way that we just start one on tobacco years ago. we
so cheap and accessible and taxed in the united states and privatized. we have a problem. >> so we get to a place where there is pending? this particular disease as well as others. >> absolutely. >> guest: >> host: you touched on this before but if there is anything you want to talk about the similarities with tobacco policies and with similar strategies can be mirrored related to the rescue drinking behavior. >> guest: one of the things that has come out recently...
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Nov 2, 2013
11/13
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>> there's a specific provision in the tax code that gives a tax benefit to certain corporations. s corporations that have fewer than 100 shareholders and that avoids double taxation. >> under subchapter s this fresh ways only has one shareholder, right? >> these corporations have two. >> they are only treated as one. >> correct. i believe that's right. many of these pending cases it's the share -- sole shareholder. they have several but there are cases that have the sole shareholder and are exactly the same. >> your view then that the corporate form itself has this effect, doesn't that mean then that the state which allows them to incorporate is actually imposing an unconstitutional condition and basically saying if you get these benefits you have to give up certain constitutional rights to do it. >> first there is no constitutional claim before the court. there is no viable free exercise. the only question before this board is the statutory one and 4200 years no corporation or sole shareholder has ever obtained an exemption from any form of regulation on the theory that is being
>> there's a specific provision in the tax code that gives a tax benefit to certain corporations. s corporations that have fewer than 100 shareholders and that avoids double taxation. >> under subchapter s this fresh ways only has one shareholder, right? >> these corporations have two. >> they are only treated as one. >> correct. i believe that's right. many of these pending cases it's the share -- sole shareholder. they have several but there are cases that have...
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Oct 28, 2013
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reform proposal or tax proposal that will create jobs. explain what exactly that will do and why it's needed. >> sure. we're going to lower personal and business income taxes down to 5% and 4% respectively. 4% would be tied for the lowest in the country and pay for it by shrinking the growth of our general fund by population plus inflation that would have been worth $400 million tax relief, more than 500 the year before and get rid of one sixth of our tax exemptions and credits, that's going to take place over a couple of years. you can't just walk in and do that that's worth about 58,000 new jobs according to outside economists. and i'm the only candidate with a plan that an economist can look at and rate. and while my opponent obviously doesn't like my plan, he hasn't proposed one. you know, he just says the word jobs, and that's nice. i don't doubt that he wants more jobs in virginia but he has never laid out a plan how to do it. on the other side what he he has done is promised enormous amounts of spending all over virginia. my total,
reform proposal or tax proposal that will create jobs. explain what exactly that will do and why it's needed. >> sure. we're going to lower personal and business income taxes down to 5% and 4% respectively. 4% would be tied for the lowest in the country and pay for it by shrinking the growth of our general fund by population plus inflation that would have been worth $400 million tax relief, more than 500 the year before and get rid of one sixth of our tax exemptions and credits, that's...
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Nov 2, 2013
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maybe through tax increases and closing tax loopholes. republicans are going to try to hold the line. hold on to those cuts, but shuffle the cuts around in a way they favor more. that's the fight over that. i don't think we will get a tax code reform or entitlement spending. >> you know everyone's poll numbers took a hit after the obamacare debacle and debate. do you think this time poll numbers will matter or public opinion will weigh in the budget talks, or is it a different tight this time, if you will? >> the poll numbers will matter, but in this case if you don't have the fight over a government shutdown, republicans may feel safer in pushing for maintaining the spending cuts. they feel like they have the upper hand with the public on this one because so many in poll numbers in the public have said they want to see our debt and deficit under control. so the republican thinking right now on capitol hill is they can fight for these spending cuts and the public will back them. >> the democrats are thinking they have the stronger positio
maybe through tax increases and closing tax loopholes. republicans are going to try to hold the line. hold on to those cuts, but shuffle the cuts around in a way they favor more. that's the fight over that. i don't think we will get a tax code reform or entitlement spending. >> you know everyone's poll numbers took a hit after the obamacare debacle and debate. do you think this time poll numbers will matter or public opinion will weigh in the budget talks, or is it a different tight this...
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Nov 5, 2013
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: is the understanding that a sin tax, as these are called, like liquor taxes are, like cigarette taxes are, they're considering more... they're easier to pass than any other kind of levy? >> that's definitely the conventional wisdom here. colorado since voters took over the power of passing taxes has only passed one statewide tax.th and that was a tobacco tax.er so i think folks looking to tax the marijuana industryew are looking to that and. thinking, you know this is something our voters will accept. kianloaccept. >> while we're talking about taxes there is another initiative on your ballot i want to ask you about. it would raise a billion dollars for education. is that as popular as the marijuana tax? >> no. and again as you look to history, the state has not managed to pass any kind of general statewide tax increase. the thinking at this point did that probably, if it wins it going to squeak by but it has a very hard uphill climb. and interestingly all the money in that race has been in favor of the education tax. we've seen millions of dollars pouring in from national education un
: is the understanding that a sin tax, as these are called, like liquor taxes are, like cigarette taxes are, they're considering more... they're easier to pass than any other kind of levy? >> that's definitely the conventional wisdom here. colorado since voters took over the power of passing taxes has only passed one statewide tax.th and that was a tobacco tax.er so i think folks looking to tax the marijuana industryew are looking to that and. thinking, you know this is something our...
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taxes the third largest recipient of military aid from the united states and year after year receives approximately a billion dollars in aid while you ask yourself why are we doing this when there are alternative means that come nowhere close to doing this kind of harm to innocents and inflaming of foreign public opinion for instance given the fact that we are giving a billion dollars you know pakistan when we have the pakistani army arrest the one hundred or two hundred or even five hundred militants that we believe could possibly one day pose some kind of threat to the states and some other wild news in brief in age or be dead he's a leader of the muslim brotherhood freedom and justice party was arrested by police as some are right. is accused of inciting violence and should appear in court along with al sadr president morsi and several other brotherhood key figures next monday earlier this year the group was bond and hundreds of observation detained in a police crackdown following the ousting of president morsy interline. surrounded and on karrar against his conservative government
taxes the third largest recipient of military aid from the united states and year after year receives approximately a billion dollars in aid while you ask yourself why are we doing this when there are alternative means that come nowhere close to doing this kind of harm to innocents and inflaming of foreign public opinion for instance given the fact that we are giving a billion dollars you know pakistan when we have the pakistani army arrest the one hundred or two hundred or even five hundred...
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Nov 4, 2013
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big, big money pushing for this tax measure. but it's going to be a very hard sell to voters. >> ifill: and where is the money supposed to go for this, assuming that it were to pass? >> well, it's an interesting strategy this time the proponents are hoping that by laying out a lot of very concrete areas that will get funded, that voters will be more receptive than if it's just hey, lots of money for education so it's things like more money for school districts with at risk students and english language learners. more money for arts education. money to put in place a whole raft educational reforms that are general assemblies in passing but hasn't been able to fund. and money to create accountability. so web site where you could go and see how every single dollar is spent so they're hoping that by having this laundry list of things the money is going to people will feel more comfortable than using just a blank check for education. >> ifill: enrique cerna let's go back to washington state because there is another measure which actu
big, big money pushing for this tax measure. but it's going to be a very hard sell to voters. >> ifill: and where is the money supposed to go for this, assuming that it were to pass? >> well, it's an interesting strategy this time the proponents are hoping that by laying out a lot of very concrete areas that will get funded, that voters will be more receptive than if it's just hey, lots of money for education so it's things like more money for school districts with at risk students...
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is the majority of the population down leaving the benefits failed to outweigh the tax.
is the majority of the population down leaving the benefits failed to outweigh the tax.
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Nov 5, 2013
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but what gets me is they are already in the 30% tax bracket state and federal plus others that are kept under the blanket now with, 5 te the increase of the premium of 2.5 times eddoss, understated why republicans in event independence don't get together. i was like your comment on the situation and stephen pelosi congress getting together in any time soon they deceive there'll be a lot of discussion and debate but i don't see a lot of effort or a movement to makes cy any changes to the law. we may see this if theyf don't get the healthcare.gov by the end of the year thereingn may be more discussion to delay other pieces of the law that may be discussed but on yoursu other point it would be interesting to know if your son had gone ontos the healthcare.gov to sell these prices this summerth else that does sound ations. little hayek there may be other options for him. i have seen studies looking all over the place again depending on the floor and their baby will be something left but is this something to check. there have been studies that looked at premium cost inay the this is a difficu
but what gets me is they are already in the 30% tax bracket state and federal plus others that are kept under the blanket now with, 5 te the increase of the premium of 2.5 times eddoss, understated why republicans in event independence don't get together. i was like your comment on the situation and stephen pelosi congress getting together in any time soon they deceive there'll be a lot of discussion and debate but i don't see a lot of effort or a movement to makes cy any changes to the law. we...
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Nov 4, 2013
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he tax cuts remained in effect. i think you're right, there should have been some revisiting of those tax cuts that were in effect, but the tax cuts allowed us to avoid a major recession back in 2001. host: you bring up deficits. how much motivation is there right now to get a grand deal done whether it's in this effort or future effort with u.s. just having posted its lowest deficits in 2008, is it? guest: we ended up the fiscal year that just ended, fiscal $6802013 with a deficit of billion. i believe the figure was, and that was a significant of 30%, 40% reduction of the previous year of $1.1 trillion. and the immediate effect, is it taking pressure off and things are improving. things are improving in the near term. part of the reason why the deficit came down so significantly, receive news wept up 13% and spending wept down 2% last year. the combination of those two resulted in the deficit coming down. the difficulty is that while that's a good sign in the near term, all projections because of the demographics
he tax cuts remained in effect. i think you're right, there should have been some revisiting of those tax cuts that were in effect, but the tax cuts allowed us to avoid a major recession back in 2001. host: you bring up deficits. how much motivation is there right now to get a grand deal done whether it's in this effort or future effort with u.s. just having posted its lowest deficits in 2008, is it? guest: we ended up the fiscal year that just ended, fiscal $6802013 with a deficit of billion....
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tax . cuts. were cleaning up this fight simply a mess.
tax . cuts. were cleaning up this fight simply a mess.
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Oct 30, 2013
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nothing helps explain tax lot better than star track and gilligan's island. now the department of veterans affairs is embroiled in its own scandal. more than $6 billion on two conferences in orlando and 2011. and, of course, they had to produce a video featuring veterans affairs employees dancing. while the irs prefers that shuffle, folks at the viejo like sister sledge. lawmakers are not happy. >> veterans affairs is a large agency with deep pockets. yes, it is a large agency with deep pockets, but those buckets were not intended to be picked by either contractors that were likely unnecessary or, in fact, people who we held accountable and paid to be accountable to the taxpayers. lou: and that the a production budget, well, $50,000 to make this. that at a time when they had a backlog of more than 700,000 disability claims, more than 125 days overdue. another obamacare contractor under fire for its questionable track record, the british firm charged with processing paper applications faces allegations of fraud, racial spending, even sexual assault. joining us
nothing helps explain tax lot better than star track and gilligan's island. now the department of veterans affairs is embroiled in its own scandal. more than $6 billion on two conferences in orlando and 2011. and, of course, they had to produce a video featuring veterans affairs employees dancing. while the irs prefers that shuffle, folks at the viejo like sister sledge. lawmakers are not happy. >> veterans affairs is a large agency with deep pockets. yes, it is a large agency with deep...
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Nov 2, 2013
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cigarettes by hezbollah to obtain funding to basically create the international smuggling of contraband on taxed groat raise money and send to the middle east. it goes back to the thick of not wanting to kill the cash cow. for decades the only the two bombings by hezbollah. but they never conducted any such operation in the u.s. because they didn't want to draught attention of law enforcement. it finally came through the cigarette smuggling case and a few other criminal cases in chicago. we had food stamp fraud and things like that being conducted by middle east organizations. and sending the money back to support hezbollah or hah mas or other groups. bank robbery, armor cared robbery, have been used for decades by terrorist organizations to fundraise. that is not the same as having a direct partnership with russian organized crime or the south american cartels back in those days the other groups. the mexican cartels we see today are operating and undermining mexican and u.s. interests. that's an important distinction to keep in mind. criminal activity is a great source of money from john dill g
cigarettes by hezbollah to obtain funding to basically create the international smuggling of contraband on taxed groat raise money and send to the middle east. it goes back to the thick of not wanting to kill the cash cow. for decades the only the two bombings by hezbollah. but they never conducted any such operation in the u.s. because they didn't want to draught attention of law enforcement. it finally came through the cigarette smuggling case and a few other criminal cases in chicago. we had...
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but i think he needs something more in taxes than the republicans are prepared to give. so my guess is that you won't see that. but it does have me very concerned. these are openly on the table. and you look at the condition of today's elderly, i think you're really hard-pressed to say that they have too much money. i mean, for 40% of people over age 65, their social security check is more than 90% of their income. and these are checks that average a little over $1,200 a month. so to say that these people are doing so well, we should be looking to cut back their benefits or have them pay more for medicare, that to my mind seems 180 degrees wrong track. >> i think to put it more bluntly, no one is willing to talk about the fact that social security and medicare cuts equal having old people die faster. and that the proposals to do that are indirect and they've labeled them in technical language so that most people won't realize that's what's happening. i mean, chained cpi, you know, that's a my-eyes-glaze-over term. >> consumer price index? >> right, and so that's the mech
but i think he needs something more in taxes than the republicans are prepared to give. so my guess is that you won't see that. but it does have me very concerned. these are openly on the table. and you look at the condition of today's elderly, i think you're really hard-pressed to say that they have too much money. i mean, for 40% of people over age 65, their social security check is more than 90% of their income. and these are checks that average a little over $1,200 a month. so to say that...
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Nov 1, 2013
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details how the obama campaign explained dumping joe biden and reed got the idea reid didn't pay income tax and more. the book doesn't come out until next week but jonathan martin has all the incite details and joins us now. it's fascinating on your reporting in this. how serious were they looking into having hillary clinton be the vice president? >> it was serious, not that it was intentionally polled and focused grouped. campaigns don't spend the money unless they are seriously exploring something. it was only known but about a half dozen of the top obama senior advisors, people like david axle rod and most notably the chief of staff william daily, then chief of staff who became close to joe biden. they are similar age, similar background. >> similar background. you talked to him? >> i talked hto him on the phon and he confirmed saying he thought it was his due diligence as chief of staff to explain the possibility of what she would mean for obama in 201. they concluded she wouldn't add a substantial effect, she would help but not enough to dump biden. >> so a bump but not big enough to j
details how the obama campaign explained dumping joe biden and reed got the idea reid didn't pay income tax and more. the book doesn't come out until next week but jonathan martin has all the incite details and joins us now. it's fascinating on your reporting in this. how serious were they looking into having hillary clinton be the vice president? >> it was serious, not that it was intentionally polled and focused grouped. campaigns don't spend the money unless they are seriously...
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cost of health care is a tax but also 28 different taxes. gerri: there are others in the actual law for sure. >> obamacare is a net drag on economic activity if you have so many small businesses trying to find ways to hit the or avoid the 50 employee threshold is the invisible tax costing us jobs. gerri: the blue state's leading will they pay the piper? what will happen tonight? >> watch colorado. it could be close it is interesting to see people who just legalized marijuana want to tax it back into prohibition. we will see the governor of new jersey refused to raise taxes will be reelected. the republican candidate in virginia who follows a republican governor who raised taxes the biggest in history may pay a penalty for his predecessor's. gerri: there is a lot going on in that race. thank you for coming on tonight. we appreciate your time. war to come including a major insurance company for canceling policies for obama forces to change his message it changes every day a little bit different about keeping your insurance plan. so ally bank h
cost of health care is a tax but also 28 different taxes. gerri: there are others in the actual law for sure. >> obamacare is a net drag on economic activity if you have so many small businesses trying to find ways to hit the or avoid the 50 employee threshold is the invisible tax costing us jobs. gerri: the blue state's leading will they pay the piper? what will happen tonight? >> watch colorado. it could be close it is interesting to see people who just legalized marijuana want to...
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Nov 5, 2013
11/13
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entitlements, discretionary spending, taxes, and it was not easy. in those days leadership said we have to stay in the room and not leave until we got a deal. and we kept working at it. everyone would get up and discuss and someone would eventually get up and walk out. this reminds me about the three missionaries, the british, the french, and the italian missionary who were in a very uncivilized part of the world. and they were making their way down this river and they manage to make it ashore only to fall into the hands of others. and he said in his heart, god save the queen. the french missionary took out his knife and said viva lafrance. the italian took out his stiletto and started punching himself in the chest area and said what are you doing. and he said i'm trying to screw up your canoe. [laughter] i know trying to work and keep the defense department focused and dealing with 3 million americans who serve courageously in that department, i know they count on your leadership and you are doing an outstanding job under very difficult circumstanc
entitlements, discretionary spending, taxes, and it was not easy. in those days leadership said we have to stay in the room and not leave until we got a deal. and we kept working at it. everyone would get up and discuss and someone would eventually get up and walk out. this reminds me about the three missionaries, the british, the french, and the italian missionary who were in a very uncivilized part of the world. and they were making their way down this river and they manage to make it ashore...
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Nov 3, 2013
11/13
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code and lower tax rates. these of the lost productivity, the lost jobs, misallocated capital from the convoluted tax code in the world. conservatives need to advance economic freedom through advocating a monetary policy that does not punish savers and job creating small businesses. our current policy rewards for folio americans -- portfolio americans instead of paycheck americans. we are working to repeal obamacare and replacing it with a system that is consumer direct .id -- directed consumers need to advance economic freedom by tearing down the barriers created by nine among -- mind numbing rules. at every level of government that stifles job creation, does not reward the spirit, the determination that is necessary to be successful in life. usjack was with -- was with here today, i'm confident he would advance the american renewal by embracing freedom in every way. i want to end with a couple of notes on my mentor. jack was a compassionate man and -- it is interesting we find ourselves as a party in a movem
code and lower tax rates. these of the lost productivity, the lost jobs, misallocated capital from the convoluted tax code in the world. conservatives need to advance economic freedom through advocating a monetary policy that does not punish savers and job creating small businesses. our current policy rewards for folio americans -- portfolio americans instead of paycheck americans. we are working to repeal obamacare and replacing it with a system that is consumer direct .id -- directed...
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the majority of the population down believing the benefits failed to outweigh the tax. welcome to the program today. live in moscow with your top headlines this hour a justice seeking journey of thousands of miles for one pakistani family which survived a cia drone attack has now come been aided in their testimony in front of u.s. congressman but the strike killed a grandmother but failed to hit any militants so the victims of the bombing asking lawmakers why their home was targeted in the first place the briefing for us. this was the first time actual victims of u.s. drone strikes were in congress and apart from the congressman who initiated this briefing i saw only four other members of congress it's no secret the u.s. congress generally approves of growth strikes so it's very difficult to expect the sudden change of heart even though hart was with these drone victims were appealing through an appeal with twenty fourth of last year a u.s. drone strike left this pakistani family devastated a nine year old girl and her thirteen year old brother nearly escaped death that
the majority of the population down believing the benefits failed to outweigh the tax. welcome to the program today. live in moscow with your top headlines this hour a justice seeking journey of thousands of miles for one pakistani family which survived a cia drone attack has now come been aided in their testimony in front of u.s. congressman but the strike killed a grandmother but failed to hit any militants so the victims of the bombing asking lawmakers why their home was targeted in the...
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s average household energy bill is made up of so-called green taxes and the prime minister david cameron has pledged to do away with them in order to help out struggling brits now the ideas proved popular for a country battling with austerity according to a recent poll by savation some sixty percent of brits object to having to shell out for the green levies are concerned about it but. you know about what it is cost to wait and see if it's way cheaper things to go to really not prefer that they kowtow profit is an option really which is to tax that noise be well spun never see it light see bills come down to hear us about shadow of a doubt opposition leader ed miliband says that green levy's aunt to blame for britain's high energy prices but the government figures show that green taxes adds one hundred twelve pounds to the average household energy bill in the u.k. now roughly half of that money goes toward supporting cleaner greener energy such as solar panels like the ones like kate on the roof of london's blackfriars train station but as the latest survey shows for the brits counting t
s average household energy bill is made up of so-called green taxes and the prime minister david cameron has pledged to do away with them in order to help out struggling brits now the ideas proved popular for a country battling with austerity according to a recent poll by savation some sixty percent of brits object to having to shell out for the green levies are concerned about it but. you know about what it is cost to wait and see if it's way cheaper things to go to really not prefer that they...
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majority of the population votes it down believing the benefits failed to outweigh the aggravating tax burden. a very warm welcome to you from all of us here at r.t. moscow i'm rule receive your top world headlines for this hour bitcoin the experimental online currency is now a global one complete with its own and so far only. the first machine has been set up in a cafe in vancouver it's where people can exchange digital money for physical cash but you are probably asking yourself what exactly are bitcoins in the simplest terms is just the currency but an online one a bit coins are stored in web wallets that are completely anonymous even your name although the transactions are public a bit coins can be sent from one wallet to another just a click of a button and in most cases with no fees or delays now the system bypasses banks middlemen and government what's more it can be easily sold for any currency available whether it be dollars or euros the. inside being though that exchange rates can be rather volatile finally where do they come from the process is called bitcoin mining it consi
majority of the population votes it down believing the benefits failed to outweigh the aggravating tax burden. a very warm welcome to you from all of us here at r.t. moscow i'm rule receive your top world headlines for this hour bitcoin the experimental online currency is now a global one complete with its own and so far only. the first machine has been set up in a cafe in vancouver it's where people can exchange digital money for physical cash but you are probably asking yourself what exactly...
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Nov 3, 2013
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conservatives need to advance economic freedom through the tax code and lower tax rates. the of the loss productivity admits allocated from the most convoluted tax code in the world. to advance economic freedom through a monetary policy that does not punish savers. current policy rewards portfolio americans at the expense of paycheck america while enabling the greatest deficits in american history. conservative need to advance freedom by repelling obamacare and replacing it with a system that is consumer directed and significantly less costly. conservatives need to advance economic freedom by tearing down the barriers created by mindnumbing rules and atulations and licenses every level of government that stifles job creation and innovation and does not reward the spirit and determination necessary to be successful in life. if jack cap was here with us today, i am confident he would be advancing the american renewal by embracing freedom in every way. i want to end with a couple of notes about my mentor and hero. jack was a compassionate man. it is interesting we find ourse
conservatives need to advance economic freedom through the tax code and lower tax rates. the of the loss productivity admits allocated from the most convoluted tax code in the world. to advance economic freedom through a monetary policy that does not punish savers. current policy rewards portfolio americans at the expense of paycheck america while enabling the greatest deficits in american history. conservative need to advance freedom by repelling obamacare and replacing it with a system that...
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my big fear is that politicians will want to eat their sticky fingers on it and tax it began, tax it away. are you worried? at some point congress will say, you know what, we can't let people just see that money grow and grow over time. >> we have seen that already. reside in a political campaign when a big hubbub was made over romney's large ira. so this is a tax attack that has been underway repeatedly. where it will end up in the present coress and the present political fight to my down expect anybody to gain major action in either direction. the democrats will not permit it. there will not be tax hikes. the republicans won't permit it. we won't have any of this for now. the attack on the accumulation of savings above some certai level is there, and it is going to be there all the time. we need to be vigilant and out it. gerri: we will bring you back to talk about it. if any of that pops begin help us explain it to everybody. >> thanks. gerri: well, time for a look at the stories you are clicking on tonight on foxbusiness.com stocks ending the day slightly higher. some investors a
my big fear is that politicians will want to eat their sticky fingers on it and tax it began, tax it away. are you worried? at some point congress will say, you know what, we can't let people just see that money grow and grow over time. >> we have seen that already. reside in a political campaign when a big hubbub was made over romney's large ira. so this is a tax attack that has been underway repeatedly. where it will end up in the present coress and the present political fight to my...
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Oct 28, 2013
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operation, has received almost 700,000 applications, with more than 330,000 users filing requests for tax credits. the announcement even noted the data services hub as a model of efficiency and security. and so, just as you would expect, the data services hub crashed the next day. only to come back early this morning. joining us now, here in new york, is ezra klein of the "washington post" and brad woodhouse, president of americans united for change. ezra, you've co written a very helpful piece where you attempt to calm down the kind of histrionics and hysteria around this website by pointing to an historical precedent where a difficult rollout was followed by deep and widespread appreciation for policy changes. pray tell. >> when you want to feel better you think about the prescription drug benefit. utter disaster. the website doesn't go live for three weeks after it was supposed to begin. the initial excuse the bush administration offers is it's yoem kip pure. >> nice. i have not heard that. >> and it did not go after. the early months are very bad. in february of 2005, john boehner, no
operation, has received almost 700,000 applications, with more than 330,000 users filing requests for tax credits. the announcement even noted the data services hub as a model of efficiency and security. and so, just as you would expect, the data services hub crashed the next day. only to come back early this morning. joining us now, here in new york, is ezra klein of the "washington post" and brad woodhouse, president of americans united for change. ezra, you've co written a very...
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morgan a can write off a large chunk of this is a tax deduction and b. that they're as the federal deposit insurance corporation the f.d.i.c in other words you and me taxpayers to cover part of the fine what's the deal. well that's a major sticking point that's one of the reasons why the deal is in jeopardy right now. chase is insisting that the f.b.i. see assume some of the liability for washington mutual a company that if you remember correctly back in two thousand and eight chase got to acquire for basically nothing one point nine billion dollars for the six largest bank in america. this was right after chase had taken a twenty five billion dollar loan from the tarp bailout so they essentially were lent the money to acquire this massive banking institution by the federal government. which in turn then took all of or most of washington mutual's toxic assets off of chase's hands through a bit special bail out facility in the federal reserve called maiden lane so the chase basically got this gigantic bank for free they've been raking in gobs and gobs of
morgan a can write off a large chunk of this is a tax deduction and b. that they're as the federal deposit insurance corporation the f.d.i.c in other words you and me taxpayers to cover part of the fine what's the deal. well that's a major sticking point that's one of the reasons why the deal is in jeopardy right now. chase is insisting that the f.b.i. see assume some of the liability for washington mutual a company that if you remember correctly back in two thousand and eight chase got to...
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he says i'm only going to tax the rich and he defined them as anyone who makes $500,000 or more. last time i heard that, barack obama said it in the payroll tax went up in the middle class always gets hit the worst. neil: you mentioned something as well. and no response back. to this issue, the biggest employer in the city, the reverberations could be that they start charging more for loans and this is something that will impact the country when h . >> they expect that the banks don't have to be in new york and it can go anywhere and any other one of the 49 states. we have seen this happen over and over again when i was growing up in the city and you drive up on the way to new england, the only thing in that area was the marriott hotel. neil: yes,. >> every single one of those used to be in new york city. neil: i get annoyed with the arrogance of those tried-and-true new yorkers would say what also they going to go, this is the place to be, which is your point with them and others, the goal and leave the entire country to switzerland or hong kong. >> jcpenney is to be headquarter
he says i'm only going to tax the rich and he defined them as anyone who makes $500,000 or more. last time i heard that, barack obama said it in the payroll tax went up in the middle class always gets hit the worst. neil: you mentioned something as well. and no response back. to this issue, the biggest employer in the city, the reverberations could be that they start charging more for loans and this is something that will impact the country when h . >> they expect that the banks don't...
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you just have to hope these people pay their taxes. or they're going to have to turn around and say every taxpayer in america is going to have to pick up the tab. >> that's what's going to happen because they don't have enough money in the till to balance it out. now you've got young people that are going to be uninsured, angry and penalized by the federal government. people are not better off. worse off. you don't need to be a gene justice to figure that out. it's going to be a problem. now we need to get bob in here. but in order to soften the runway a little bit, i want to play this sound from diane barrett who was on "cbs this morning" and get your reaction. not a crazy republican, somebody who got a letter in the mail. >> when i got this bill, i was outraged. >> that includes 56-year-old diane. last month, she received a letter from blue cross blue shield informing her as of january 2014 she would lose her current plan. barrett pays $54 a month. the new plan she's being offered would run $591 a month, ten times more than what she
you just have to hope these people pay their taxes. or they're going to have to turn around and say every taxpayer in america is going to have to pick up the tab. >> that's what's going to happen because they don't have enough money in the till to balance it out. now you've got young people that are going to be uninsured, angry and penalized by the federal government. people are not better off. worse off. you don't need to be a gene justice to figure that out. it's going to be a problem....
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Nov 4, 2013
11/13
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i paid an income tax, medicare tax, it's a system that i'm part of. as soon as my income disqualifies me, i will be paying back into that system. i think that is fair if and i think that is how it's supposed to work. >> kasandra, four kids, no health care, have you looked around to see how expensive it would be for your family if you signed up? >> yeah, i have. >> what would it cost? >> it i didn't go for obama care i would pay over $1,000 a month for our family of five. and that's as basic as it can get. >> wow. >> so that's not an option for you right now, is it? $1,000 a month? >> no, my husband works a high risk construction job, so if something would happen to him our family would suffer greatly. >> i hope that something good can happen for you and it has to have four wonderful children, thank you and brendan thank you for being here too. appreciate your stories. if you ask a parent what they want their kids to be when they grow up, a lot of them will say a doctor. doctor is one of the most popular and challenging career paths for young americans
i paid an income tax, medicare tax, it's a system that i'm part of. as soon as my income disqualifies me, i will be paying back into that system. i think that is fair if and i think that is how it's supposed to work. >> kasandra, four kids, no health care, have you looked around to see how expensive it would be for your family if you signed up? >> yeah, i have. >> what would it cost? >> it i didn't go for obama care i would pay over $1,000 a month for our family of five....
SFGTV: San Francisco Government Television
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Nov 5, 2013
11/13
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fourth, i'm sympathetic to the argument that i have heard from some of my constituents which is my tax dollars pay for the park and if i want to use them at 4:00 a.m. and that's my prerogative. i know people that work 12-hour shifts and if they want to walk their dog at night they should be able to and if someone wants to go jogging in the park before they go to work, they should be able to. i have heard the feedback which is it won't enforce them which is exactly my problem. my 5th point that i have serious concerns this law will be enforced. well, if it's not intended to target the homeless, then the investment banker, who is the law targeted? suspicious people, teenagers. i'm not comfortable that we would pass the idea that the law enforcement measure that it would be selectively enforced. lastly, i think there are some perfectly legitimate reasons to use the parks at night. 2 weeks ago, parks and recreation staff presented a packet in support of the ordinance. the last page in large font said nothing good happening in a darkened parkland escape at night. i don't think that sentimen
fourth, i'm sympathetic to the argument that i have heard from some of my constituents which is my tax dollars pay for the park and if i want to use them at 4:00 a.m. and that's my prerogative. i know people that work 12-hour shifts and if they want to walk their dog at night they should be able to and if someone wants to go jogging in the park before they go to work, they should be able to. i have heard the feedback which is it won't enforce them which is exactly my problem. my 5th point that...
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Nov 2, 2013
11/13
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tax pairs. what we need to do is have a serious dialogue about grown-up things about -- >> but we don't. >> how many times have we raised taxes when they didn't cut? there's never been entitlement reform. it's a one-way street all the time. >> nancy pelosi said this, that revenue needs to be on the table in relation to discussions to soften the sequester cuts. >> of course. >> so the democrats are trying to soften those automatic spending cuts, and at the same time raise taxes. they don't cut spending as much and raise taxes. it's crazy. >> the last time we had a serious consideration of entitlement reform was simpson-bowles. and president obama turned the other way. >> adam talked about a business analogy. a business doesn't say we're going to spend $2 million this year, and then we'll figure out what we'll take in. first you figure out how much you're going to take in, and then you figure out how much you're going to spend. we do it the opposite way. there is a limit to taxing. when people tal
tax pairs. what we need to do is have a serious dialogue about grown-up things about -- >> but we don't. >> how many times have we raised taxes when they didn't cut? there's never been entitlement reform. it's a one-way street all the time. >> nancy pelosi said this, that revenue needs to be on the table in relation to discussions to soften the sequester cuts. >> of course. >> so the democrats are trying to soften those automatic spending cuts, and at the same time...
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judge jury and executor all rolled into one without any authority a french government proposed eco taxes for the public as thousands hit the streets calling for it to be scrapped immediately. i. the french regional brittany has been rocked by protests which turn violent police used tear gas and water cannons to disperse angry crowds hurling rocks and bottles in response he can tax imposes levies on trucks way more than three and a half tons but it's been suspended until it could drive companies. at least nine people have been killed by a string of insurgent attacks targeting security forces across iraq in the central city of baquba three police officers died and scores were injured after three suicide bombers blew themselves up one after another the surge in violence over recent months has claimed thousands of victims but the thought is struggling to contain the bloodshed despite wide ranging operations and tighten security. the six people including one child have died after a ferry capsized off the coast of thailand near the popular resort of the time twenty people remain unaccounted fo
judge jury and executor all rolled into one without any authority a french government proposed eco taxes for the public as thousands hit the streets calling for it to be scrapped immediately. i. the french regional brittany has been rocked by protests which turn violent police used tear gas and water cannons to disperse angry crowds hurling rocks and bottles in response he can tax imposes levies on trucks way more than three and a half tons but it's been suspended until it could drive...
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fund managers and fashionistas is that preoccupation with chance then i'm just we're all about the tax grab the two thousand staff and they having for merging markets especially the bric countries who've collectively attempted to challenge the economic supremacy of the developed world our guest today believes that the world's fascination with breaks will be short lived in fact is almost over but it doesn't necessarily mean the end of the rise of the rest well to discuss that i'm now joined by richard sharma who leads the emerging market team at morgan stanley mr sharma thank you very much for your time now if you break out nations took the world by storm and became a best seller almost all.
fund managers and fashionistas is that preoccupation with chance then i'm just we're all about the tax grab the two thousand staff and they having for merging markets especially the bric countries who've collectively attempted to challenge the economic supremacy of the developed world our guest today believes that the world's fascination with breaks will be short lived in fact is almost over but it doesn't necessarily mean the end of the rise of the rest well to discuss that i'm now joined by...